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Bullboard - Stock Discussion Forum Headwater Exploration Inc T.HWX

Alternate Symbol(s):  CDDRF

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New... see more

TSX:HWX - Post Discussion

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Post by marketsense on Mar 11, 2023 5:35pm

Yes

Thanks again Benny.  These little tidbits keep adding up and confirming what we think about HWX and their team.   This is not like Baytex or Tamarack despite being heavily
engaged in Clearwater.  They are playing their hand very smartly by developing their
own leases without taking on debt and waiting for the right opportunity.  That just might
come if TVE or BTE get into financial difficulties with their higher leverage in a higher
rate environment.  Very clean and well managed company that should attract a lot of interest as they continue to grow each quarter.  No splashy headlines about leveraged
deals,  just steady growth with each successsive quarter.
Comment by teguychum on Mar 13, 2023 9:20am
Burn those shorts! GLTA - Chum
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